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7 performance cars for less than $30,000: Autoweek TV

Also in this episode: Ferrari runs an auction to help earthquake victims, the Honda Fit EV gets a high mileage rating and Tesla has big plans for the future.

TRANSCRIPT

-- Ferrari details a big-time auction of the 599XX for charity.

-- Honda gets a big-time figure of its own for the Fit EV.

-- And Tesla takes aim at serious sales.

All of this plus, video of the best cars you can get for less than $30,000. You have to stick around for that.

I'm Greg. This is Autoweek TV for Thursday.

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We're leading off with news out of Ferrari. We told you earlier that the company is auctioning off a valuable 599XX Evo.

But here are the details: You can start bidding now, and the auction ends on June 20. Go to ferraristore.com for more information.

The winning bidder will get the keys from Fernando Alonso and Felipe Massa at the Monza Grand Prix. There are plenty of other Ferrari items, and the proceeds benefit victims of the recent earthquakes in Italy.

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Shifting gears, the Honda Fit was rated at an impressive 118 mpg-e by the EPA. That's the highest figure ever, so far, beating the Nissan Leaf, the Chevrolet Volt and others. Mpg-e is the miles-per-gallon equivalent rating for electric cars.

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And California electric-car maker Tesla is taking aim for sales of 20,000 per year, reports Automotive News. That could come as soon as next year, according to CEO Elon Musk. Sales of the Model S began last week, with the rollout to expand this year.

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Now, here's video you can't get anywhere else. Our editors tested the best cars that cost less than $30,000 recently at Michigan International Speedway. For the full story, grab the June 11 issue. It's the cover. And to watch it all come to life, have a look.